Gas Prices Continue to “Plummet”

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(Undated) – Gas prices continue to “plummet.” According to GasBuddy Head of Petroleum Analysis, Patrick De Haan, for the first time in six-hundred-seventy days, the national average price of gasoline has fallen below its year-ago level, dropping for the fourth straight week to its lowest level since January. De Haan says there has also been a drop in diesel prices, which this week will fall back under $5 per gallon, and could soon fall to their lowest level since March. However, De Haan says despite all the good news about fuel prices, there may be some concerns coming as the price cap on Russian oil kicks in. He says retaliation is possible, and while OPEC+ upheld production cuts from last month, they could always cut more production. For now, however, we’ll likely see another week of declines at the pump in nearly all areas.